Last confirmed active 18 days ago — it may be under contract or sold since. Check the official listing before you act. Verify on Zillow · Redfin · Realtor.com
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20score
$320,000
MLS
Street view12651 Republic Dr
Fishers IN 46037 · Single Family · built 2004
3 bd2.5 ba2,390 sqft$134/sqft vs ZIP $175 −23%
0.90 lender DSCR (est.)
Rent covers the estimated payment 0.90× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $2,114/mo (HUD fair-market rent) ÷ estimated monthly payment: 75% LTV, ~7.5% rate, 30‑yr term, insurance ~0.5%/yr, taxes from the county assessor. Assumptions as of 2026-09-12.
24% under ZIP $/sqft
The underwriting
The numbers (estimates, illustrative)
$320,000List price
$2,114Rent estimate / mo
0.90Lender DSCR (est.)
$6,166Taxes / yr · county assessor
$175ZIP median $ / sqft
20/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,114 |
| − Mortgage (P&I) | −$1,678 |
| − Taxes | −$514 |
| − Insurance | −$133 |
| − HOA | −$25 |
| = Cash flow before vacancy & repairs | $-236 |
The numbers
- Price
- $320,000
- $ / sq ft
- $134 ZIP median $175
- Rent estimate
- $2,114/mo HUD fair-market rent
- Property taxes
- $6,166/yr 2% cap on assessed value $308,300
- PITIA (assumed)
- $2,350/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $25/mo
- Lender DSCR (est.)
- 0.90 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 20/100 24% under ZIP $/sqft
The property
- Beds / baths
- 3 / 2.5
- Living area
- 2,390 sq ft
- Lot
- 3,485 sq ft
- Year built
- 2004
- Property type
- Single Family
- HOA
- $25/mo
- Flood zone
- X
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 202628295
- Listed
- Jul 15, 2026
- Days on market
- 82
- Listing agent
- Don Kohler · Kohler Realty
3175690567 · indyrealestate@aol.com - Price history
- First asked $320,000
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All figures are illustrative estimates from the list price, public records, rent comps / HUD fair-market rent and assumed financing (75% LTV, ~7.5%, 30 yr, as of 2026-09-12). Not verified, not an offer, not investment advice. Triad Global, LLC is a real-estate investor, not a licensed brokerage. Listing data from public sources; verify everything before you bid. Equal Housing Opportunity.